The huge salaries Formula 1 drivers earn in 2026, a business worth US$3 billion annually

The roaring sound of engines and tires scraping the asphalt at speeds exceeding 380 kilometers per hour (graining) will be seen and heard again...

The huge salaries Formula 1 drivers earn in 2026, a business worth US$3 billion annually

TL;DR

  • Formula 1 sponsorship spending is projected to exceed US$3 billion in 2026.
  • Max Verstappen leads driver salaries with approximately US$70 million annually.
  • Lewis Hamilton is second with around US$60 million, potentially reaching US$100 million with bonuses.
  • Charles Leclerc follows with an estimated US$34 million per season.
  • Technology companies are major investors, contributing approximately US$565 million.
  • New partnerships include Meta with Mercedes and Anthropic with Williams.
  • Team main sponsorship is a significant commercial asset, exceeding US$500 million in spending.
  • The 2026 season begins in Melbourne, Australia, on March 6-8.
  • The championship will feature 24 Grands Prix, concluding in Abu Dhabi.
  • The Australian Grand Prix will proceed despite logistical adjustments due to Middle East geopolitical tensions.